Business
Globus Maritime Announces New Charter for the M/V Moon Globe
GLYFADA, Greece, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or "Globus") (NASDAQ: GLBS), a dry bulk shipping company, announced
About this update from Globus Maritime Limited
[{"type":"text","content":"GLYFADA, Greece, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or \"Globus\") (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has secured new time charter employment for its vessel Moon Globe (a 74,432-deadweight ton built Panamax dry bulk carrier built in 2005, at Hudong-Zhonghua Shipyard in China). The vessel has been chartered to an unrelated charterer. The charter commences on January 21, 2021 and has a minimum duration of three months and a maximum duration of six months, at the charterer’s option (plus 15 days for redelivery), which is expected to generate gross revenue of approximately $1.3 million assuming the charter continues for the minimum scheduled period and approximately $2.4 million if the charter continues for the maximum period, in each case assuming no offhire days. Athanasios (“Thanos”) Feidakis, President and CEO of Globus commented: “We are very pleased that after this charter and in combination with our current Galaxy Globe charter, we have now secured what we expect to be about 40% of our projected fleet operating expenses for 2021 in what looks like a promising start to the year.” About Globus Maritime Limited Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of six dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate six vessels with a total carrying capacity of 381,738 deadweight tons and a weighted average age of 11.2 years as of December 31, 2020. Safe Harbor Statement This communication contains “forward-looking statements” as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify f...